Onar is a Norwegian author who has written extensively on politics, technology, and science. He has a mathematics and physics background and has been a technological entrepreneur for twenty years, working in aContinue...Read More
The gold price tends to rise in times of crisis, but according to Frank Holmes, CEO and chief investment officer at US Global Investors, the yellow metal has the potential to go much higher even without a major calamity.Speaking at the Denver Gold Forum, Holmes explained that worldwide money printing triggered by attempts to stimulate economic activity could lead to a substantial gold price increa...Read More
This week, Nancy Pelosi announced that the House wouldlaunch a formal impeachment inquiry. Is it a well-grounded argument, publicitystunt or reflection of the growing polarization inside the Democratic party?Storm in a tea cup or not, should Trump be worried? And gold? What’s This All About?On Tuesday, Nancy Pelosi, House Speaker, announcedthat “the House of Representatives is moving f...Read More
Is Gold now back in a bull market? Most gold bugs think so and are quick to proclaim that.But, could Gold remain in a secular bear market? It hasn't made a new all time high in 8 years and the perma-bull, financial asset loving crowd certainly believes so.This is semantics because what really matters is making money and nothing else. With that said, Gold is not in a real bull market yet. We can...Read More
Gold's strength is no secret at this point, and that's why the uptrend is getting trickier to play. Let me offer a few suggestions..Read More
By: Ira EpsteinGold resistance can be seen around $1,556 - Dec. Gold (upper Bollinger band). The silver chart looks pretty darn good..Read More
Trade war will continue. Trump bashing China for atrocities to Muslims is a part of the trade war. Saudi Arabia has a beheading culture. Not a single nation dare criticize Saudi Arabia. Wahabi form of Islam is funded by Saudi Arabia to spread it worldwide. Wahabi form of Islam is more repressive than Chinese atrocities towards Islamic followers. Which nation or religion allows lashes for petty c...Read More
President Trump said a China trade deal could come soonThe Dow bounced back in a big way today, shaking off political drama thanks to U.S.-China trade optimism. Investors are weighing comments from President Donald Trump that a trade deal with China could come soon, while also eyeing the impeachment inquiry put forward by House Speaker Nancy Pelosi. The White House released the rough transcript o...Read More
Comtech Telecommunications and Boeing are both making moves upward Positive comments from President Donald Trump on a U.S.-China trade deal helped push stocks higher midday. Three stocks in particular making moves are Dow component Boeing Co (NYSE:BA), communications equipment name Comtech Telecomm. Corp. (NASDAQ:CMTL), and original equipment manufacturer (OEM) specialist Smart Global Holdings (N...Read More
UAA stock is higher after Nike earningsUnder Armour Inc (NYSE:UAA) stock is trading up 1.7% at $19.73, getting a lift from Nike's (NKE) impressive turn in the earnings confessional. This puts UAA on track for its second win in nine sessions, but a number of options traders don't think these gains will last.With about 90 minutes left in today's trading, around 1,600 UAA puts have changed hands -- 1...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
The firm thinks August housing data paints a "bullish backdrop" through DecemberHousing stocks have outperformed in 2019, with the SPDR S&P Homebuilders ETF (XHB) up 32% year-to-date. More recently, XHB shares bounced sharply from their rising 120-day moving average in mid-August, and rallied to a 19-month high of $44.04 on Sept. 13. The fund has since eased back from here, but is up fractionally...Read More
The chipmaker is set to report its fourth-quarter earnings after the close tomorrowChip name Micron Technology, Inc. (NASDAQ:MU) is higher on two new price-target hikes from analysts. Specifically, BMO lifted its price target to $60 from $50, while Cowen boosted its estimate to $46 from $38. These two bull notes come just one day before MU's fiscal fourth-quarter earnings report, due out after the...Read More
Trump gave positive comments about a trade deal with ChinaFollowing a brief move into negative territory, the Dow Jones Industrial Average (DJI) is up more than 100 points at midday. Stocks are gaining after President Donald Trump told reporters that a China deal could come sooner than people think, helping the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) rise as well, with the tech and retail...Read More
CMG shares hit a record high earlier this monthJefferies raised its price target on Chipotle Mexican Grill, Inc. (NYSE:CMG) stock to $820 from $700, saying it expects the burrito chain to post solid third-quarter financial results, even amid weaker-than-forecast same-store sales. The brokerage firm's new price target is still a discount to last night's close at $824.49, and this morning, CMG stock...Read More
PM calls have ramped up in volume this morningThe shares of Philip Morris International Inc. (NYSE:PM) are in focus this morning, after the tobacco company abandoned merger talks with Altria Group (MO). The two companies were set to combine after Altria was spun off in 2008, with talks heating up late last month. Ultimately though, both sides decided to focus on the launch of IQOS, a tobacco hea...Read More
GLUU is looking to snap an eight-day losing streakGlu Mobile Inc (NASDAQ:GLUU) is trading up 2.2% this morning at $4.85, after yet another analyst said to buy the stock. D.A. Davidson last evening released a note that gave the mobile game maker a "buy" rating and $8 price target, representing territory not explored since early June, with the $8 level actually serving as a ceiling just days before...Read More
A patent for the company's DNAbilize technology was added to its intellectual property portfolio The shares of Bio-Path Holdings Inc (NASDAQ:BPTH) are near the top of the Nasdaq this morning, after the company updated its intellectual property portfolio with a second platform technology patent, issued by the United States Patent and Trademark Office on July 2, for its DNAbilize technology, used to...Read More
NKE stock is set to open at a new record highFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, thanks to a positive earnings reaction for Nike (NKE). The Dow stock is up 5.4% in electronic trading -- set to open at a record high -- after the athletic apparel retailer's strong fiscal first-quarter earnings report was met with an onslaught of price-target hikes. However...Read More
When the S&P enters October up big year-to-date, with optimism prevalent, volatility tends to ensueNext Tuesday, Oct. 1, the fourth quarter of 2019 officially begins. It hasn't been that long since the major fourth-quarter 2018 sell-off, which was pretty brutal for the stock market. The 9.2% decline in the S&P 500 Index (SPX) last December was its worst monthly loss of the last decade, and the rou...Read More